- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
Why did your credit take a huge hit, due to non payment for X months?
That’s generally how it works.